There have been many questions about the unusual circumstance in football of Rangers going into administration but not making any players redundant. It is possible, and not totally uncommon, for directors of a company in administration to arbitrarily choose to provide funds from their own resources to pay any chosen creditor, including staff. In football, players’ contracts of employment need to be with the club, but the source of payment can come from anywhere.
In this instance, Rangers Group, the club’s holding company, or any other body or person, could be in sufficient funds to provide the administrators with enough money to not only pay players, but to continue operating in a relatively normal state. Rangers’ administrators have already suggested Craig Whyte has guaranteed to make-good wages due to be paid this week, although it was not made clear which entity would be paying, or the source of such funds.
Administrators will only be forced into player redundancies if they do not have sufficient funds available to see them through to the timely conclusion of negotiations with creditors, or if they are unable to receive binding undertakings from another source that they will step forward to pay players next month.
Various sources over the weekend suggested HM Revenue and Customs were prepared to extend generous time to pay terms to Rangers. This club is owned by Craig Whyte. While we all know what a stand-up guy Craig is, how likely to you think HMRC are to believe he will stick to a plan stretching out years into the future? It’s just not going to happen.
I hear a ‘We’ll take a few years to pay too’ campaign is set to trickle through the SPL if HMRC agree to this one. Better using the tax man as a bank than using an actual bank.
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1,072 Comments- Pages:
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Macjay
My belief is that we have refused ever to negotiate on the sovereignty of the Malvinas. We don’t have a good record on this. Empire etc. I understand quite well the jingoism and the political backgrounds of both countries. A junta getting frustrated on the world stage over possible oil opportunities. I also believe that we were criticised by the U.N for years on this by flatly refusing dialog. The Argies should have targeted big banks and insurance workers and windows ?
Smashing
You up for a 10 mile green hop this weekend? :-)
HH
CRC
Tom great call on SSB tonight matey, I’ve heard a lot of your calls and your straight to the point and always bang on.
Neil canamalar Lennon hunskelper extrordinaire says:
20 February, 2012 at 20:39
I am sorry if I annoyed you but that was not my intentions.To be honest with you I know more of Celtics history that that of Ireland not being of Irish decent
Adams insisting on the deaths of the hunger strikers – I’d never heard that one before.
But, in the absence of proof, I suppose you can say anything you like about anyone.
It’s what the Sun calls freedom of speech.
The poster of the week however was the guy who eulogised Thatcher for eradicating sectarianism in the Scottish coalfield by shutting it down.
TimJim,
if you were at he zoo and a monkey started laughing at you, would you
a) laugh at the monkey
b) take offence to the monkey
:oD)))
Vmhan Supporting Lenny! says:
20 February, 2012 at 20:38
A mate of mine who was at the game with me yesterday is now famous, on GB website eating Ice-Cream from a tub…:)
Keep the Faith!
Hail Hail!
Macjay1
Has been an education for me. Thanks
Enjoy your shift ;-)
HH
CRC payment made re you’re sponsored walk, well done to all involved.
V
HH
Sectarianism at Asbestox….
Not exactly news is it?
“Let themselves and the club down”…
Nah!
Just doing what they’ve been doing for decades and decades and decades –
Defining themselves.
Loud and clear.
Shameful.
hebcelt says:
20 February, 2012 at 18:31
Bannockburn 1314 Culloden 1745. If you know your history!!!! Hail Hail Hebcelt
—————————
4 and a half hours stirling to inverness ?
you would have been better driving.
Neil canamalar Lennon hunskelper extrordinaire says:
20 February, 2012 at 20:50
TimJim,
if you were at he zoo and a monkey started laughing at you, would you
a) laugh at the monkey
b) take offence to the monkey
:oD)))
jjjjjjjjjjjjjjjj
I would report the monkey to the police, put pressure on the PF to charge it and seek compensation from both the monkey -for the original offence- and the zoo, for allowing a monkey to laugh at me!
Big fingers, wee keyboard and thinking aboot that woman lex me to post before finishing: James it is totally healthy, as a socialist or a social democrat or someone who cares about poverty and community, to hate someone who accepted leadership status in a Party and in successive Governments that set out to destroy communities and increase poverty and inequality (amongst other crimes against society). She despised working class communities, she despised Unions, she despised the NHS, she despised The Irish. She must have despised Scotland as the programme she followed destroyed our industries and communities. She has blood on her hands.
If the Gers get fined for sectarian abuse Saturday past ! how are they going to pay the fine ? Do the SPL accept ginger bottles ?.
celticrollercoaster says In Neil we trust says:
20 February, 2012 at 20:49
You making fun of a fellow Blogger, shame on you…:)
Keep the Faith!
Hail Hail!
steweybhoy68 says:
20 February, 2012 at 20:38
The ragersmedia has started a new thread “The word H*n”.
That site’s a laugh. They argue that we use the term against predominantly protestant teams i.e. them, hertz, hunderwell and killie. Then there’s a bit about killie fans not being charged for………………calling them huns on Saturday
Vmhan
thank you my friend. Very Generous as always.
You up for the game this weekend?
HH
CRC
Awe_Naw_No_Annoni_Oan_Anaw_Noo says:
20 February, 2012 at 20:49
Macjay
Negotiating over sovereignty would be accepting that Argentina has a legitimate claim.
No British govt. of whatever political persuasion has ever done so.
Therefore it`s not a party political matter.
Re. Empire. It`s gone and quite right too, after prolonged negotiations.
See Rhodesia and,you guessed it,M. Thatcher,who recognised the ogre that Mugabe was to become ,but had no option but to accept the Lancaster House agreement.
JmTim,
no need to apologise, no offence taken, not sure how you think I could have offended, but then again I can be a wee bit tetchy, so maybe I can understand :o)
Not being of Irish descent does not count against any Celtic supporter.
But I suppose it could be the root of your offence if you dont like the Irish I suppose.
Hail Hail
Aw Naw
As I was down there part of the Task Force I was best pleased I was never targetted by the Argies!
Well mibbees I was but our bar was bomb proof. Boombbbbbbbbb.
Lennybhoy
There was a glint in the nurses’ eye as I explained how I’d managed to injure myself!!
CRC
Only if you and Stand up Tony join in!!!
Hello Wordsworth and Pinkerton Literary agent to the stars.
ah mr mcilvanney , how can we help you
a peace of historical signifacance by some punter from the vogue you say
a work of flowing genius you say,
whats that, can you meet him ,
sorry but he isnt on our books, we believe he is working on something with Salman Rushdie just now.
“Ice Cream, with a flake on top – life in 20’s rutherglen”
Smashy
hope you are well soon,,
think I will need to phone oldtim and tell him of your misfortune…
fritzsong says:
20 February, 2012 at 20:50
Adams insisting on the deaths of the hunger strikers – I’d never heard that one before.
—————-
Do you work for the LL no one claimed that. It was merely stated that there is an element within Irish Republicanism that holds Adams culpable, perhaps a better phrase to use would have been ‘at fault’ in that negotiations with the British regarding the hunger strikers could have been handled better. As i have clearly stated this has never been proved
That’s it, some fool from the port making
fun of me now,when’s the next sailing of the
Waverley? GRRRRRRRRRR
I sincerely believe they are just scraping the barrel with all this “we are offended at you calling us hun” malarky- I mean they regularly call us fenians, taigs & tarriers. How can these terms be compared like for like? Hun or “hunnish” is an adjective that describes a certain type of antisocial behaviour- taig and fenian have specific historical connotations that can only be referred to us. Fer feck sake all the other “proddy” clubs in scotland use the word “hun” when referring to them! Anyone who desecrates the memory of the greatest hero in scottish football history- with their BJK bile- who also uses paedophilia as a source of jest ( we are all serial witnesses to this) but are offended by the word hun is either a total pussy or just disingenious. Like all triumphalists they are too arrogant & “superior” to ever empathise or understand their rivals. This is why they still think Sellick is kafflik…IRA sympafizurz…paedos etc…even though a massive percentage of our fanbase is now “non-denominational”. That by the way is why they will die out: to survive you have to understand your enemy. For the more discerning non catholics rangers are viewed as a huge Perplexing & difficult to identify with leviathan. They do us a great disservice by saying hun is sectarian as i am a catholic who would never dream of judging someone because of their religious background.
PS hugh keevins is a disgrace
CRC, yes defo going, wouldn’t miss the party :¬)
V
HH
SmashingMilkBottles says:
20 February, 2012 at 20:59
Might have to start a wee bit earlier though?
How long will you have the cast on for?
I feel sorry for your chauffeurs :-)
HH
CRC
steweybhoy68 says:
20 February, 2012 at 20:56
Milk tokens
Vmhan Supporting Lenny! says:
20 February, 2012 at 21:03
CRC, yes defo going, wouldn’t miss the party :¬)
Where is the pre-party party? Might try and catch up with u for a beer?
HH
CRC
up to their knees in tax debt
Daily Mail story tomorrow
Craig Whyte is a Humanist.
Right you. At the back. The wan laughin. Aye you. Wearing the green. Aye you. eating Jelly n Ice Cream. Oooot!!!!
MWD :-))))))
Apologies if already posted
Only fair , don’t you think?
Smashingankles&milkbottles
LET’S ALL DO RA CONGA
MWD
In all seriousness this ongoing situation with thems could have serious consequences for the Celtic Support if it drags on much longer,
after one week of celebrations, my livers shot and im now allergic to ice cream and jelly.
sannabhoy says:
20 February, 2012 at 21:07
Brilliant mate lol
HH
HUN – not sectarian past present or future… simples!
FENIAN – sectarian????
voguepunter says:
20 February, 2012 at 21:02
———-
sorry couldnt resist.
ice cream brain freeze.
;-)